INDUSTRONICS BHD
KLSE (MYR): ITRONIC (9393)
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Last Price
0.03
Today's Change
0.00 (0.00%)
Day's Change
0.03 - 0.03
Trading Volume
573,800
Financial
Market Cap
21 Million
NOSH
714 Million
Latest Quarter
30-Sep-2024 [#1]
Announcement Date
29-Nov-2024
Next Quarter
31-Dec-2024
Est. Ann. Date
27-Feb-2025
Est. Ann. Due Date
01-Mar-2025
QoQ | YoY
-306.56% | -193.42%
Revenue | NP to SH
29,355.000 | -5,378.000
RPS | P/RPS
4.11 Cent | 0.73
EPS | P/E | EY
-0.75 Cent | -3.98 | -25.11%
DPS | DY | Payout %
0.00 Cent | 0.00% | 0.00%
NAPS | P/NAPS
0.04 | 0.75
QoQ | YoY
-35.6% | -171.07%
NP Margin | ROE
-18.32% | -18.83%
F.Y. | Ann. Date
30-Sep-2024 | 29-Nov-2024
Latest Audited Result
30-Jun-2024
Announcement Date
30-Oct-2024
Next Audited Result
30-Jun-2025
Est. Ann. Date
30-Oct-2025
Est. Ann. Due Date
27-Dec-2025
Revenue | NP to SH
54,789.000 | -3,966.000
RPS | P/RPS
7.67 Cent | 0.39
EPS | P/E | EY
-0.56 Cent | -5.40 | -18.52%
DPS | DY | Payout %
0.00 Cent | 0.00% | 0.00%
NAPS | P/NAPS
0.04 | 0.76
YoY
40.3%
NP Margin | ROE
-7.24% | -14.01%
F.Y. | Ann. Date
30-Jun-2024 | 29-Aug-2024
Revenue | NP to SH
19,140.000 | -8,568.000
RPS | P/RPS
2.68 Cent | 1.12
EPS | P/E | EY
-1.20 Cent | -2.50 | -40.00%
DPS | DY | Payout %
-
NAPS | P/NAPS
-
QoQ | YoY
-116.04% | -193.42%
NP Margin | ROE
-44.76% | -30.00%
F.Y. | Ann. Date
30-Sep-2024 | 29-Nov-2024
Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.
Date
Financial Result
Financial Ratio
Per Share Item
Performance
Valuation (End of Quarter)
Valuation (Ann. Date)
| Date | Financial Result | Financial Ratio | Per Share Item | Performance | Valuation (End of Quarter) | Valuation (Ann. Date) | |||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| F.Y. | Ann. Date | Quarter | # | Revenue | PBT | NP | NP to SH | Div | Net Worth | Div Payout % | NP Margin | ROE | NOSH | RPS | Adj. RPS | EPS | Adj. EPS | DPS | Adj. DPS | NAPS | Adj. NAPS | QoQ | YoY | EOQ Date | EOQ Price | EOQ P/RPS | EOQ P/EPS | EOQ P/NAPS | EOQ EY | EOQ DY | ANN Date | ANN Price | ANN P/RPS | ANN P/EPS | ANN P/NAPS | ANN EY | ANN DY |
PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.
NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.
Div Payout %, NP Margin, ROE, DY, QoQ ⃤ & YoY ⃤ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.
All figures in '000 unless specified.
Discussions
2 people like this. Showing 50 of 3,555 comments
Follow Medusa buy low sell high
Follow anis sampah bin buy high sell low🤭
Kikiki…
2024-02-20 11:20
Once break 9sen will test 10-12 and then 15-16sen. New business injections will spur more growth for the company.
2024-02-20 17:03
Is time to collect....next qtr result will be better revenue and profit after company invest into Halal Food business in Hong Kong
2024-04-18 17:01
The Group expects performance for the financial year ending 30 June 2024 to be satisfactory in view of improved sales performance in its trading of watches business.
-----------
This statement by the company will be tested next week through its incoming QR3 2024. Hope for the best...
2024-05-26 01:56
Base on my BRIEF study on the QR3 2024 (The latesr QR) of Itronic:
(Note: A comparative figures from QR2 2024 included)
A: Sitting on negative reserve / accumulated loss widend to RM 8,046,278.
B: Not a cash rich company.
C. Total assets > Total liabilities, Total current assets > Total current liabilities, and has a small non-current liabilities only @ RM 1,089,007 – Means still has a low indebtedness risk.
D. Revenue up tremendously from the last quarter and the gross loss and net loss were decreased.
THE FINDINGS:
1. NTA 5 sen _ , QR2 2024 @ 5 sen.
2. NOSH 707.59 mil. _ , QR2 2024 @ 707.59 mil.
3. EQUITY
Share Capital RM 43,472,963 _ , QR2 2024 @ RM 43,472,963
Reserves / (accumulated losses) (RM 8,046,278) _ , QR2 2024 @ (RM 7,735,583)
Shareholders' funds RM 35,426,685 _ , QR2 2024 @ RM 35,737,380
Non-Controlling Interest RM 0 _ , QR2 2024 @ RM 0
TOTAL EQUITY RM 35,426,685 _ , QR2 2024 @ RM 35,737,380
4. Cash and Cash Equivalent:
Cash and bank balances RM 4 ,517 _ , QR2 2024 @ RM 1,441,030
5. Assets:
Current Assets RM 74,109,474 _ , QR2 2024 @ RM 73,506,067
Non-current Assets RM 15,224,293 _ , QR2 2024 @ RM 15,301,611
TOTAL ASSETS RM 89,333,767 _ , QR2 2024 @ RM 88,807,678
6. Liabilities:
Current Liabilities RM 52,818,075 _ , QR2 2024 @ RM 51,924,835
Non-current liabilities RM 1,089,007 _ , QR2 2024 @ RM 1,145,463
TOTAL LIABILITIES RM 53,907,082 _ , QR2 2024 @ RM 53,070,298
7. QR3 2024 results - Revenue RM 16,881,800 _ , QR2 2024 @ RM 6,962,162
- Gross profit / (loss) (RM 485,678) _ , QR2 2024 @ (RM 2,111,163)
- Net profit/(Net loss) (RM 2,161,615) _ , QR2 2024 @ (RM 3,360,151)
Note 1:
For the current quarter and year-to-date period ended 31 March 2024, the Group reported revenue of RM16.88 million and RM54.06 million respectively. Among these RM54.06 million, 99.31% was generated by the Hong Kong subsidiary, which primarily engages in the sales of watches. Malaysia operation which focusing on electronics & system integration operation, contributed RM0.12 million for the current quarter and RM0.37 million for year-to-date ended 31 March 2024.
For the current quarter and year-to-date period ended 31 March 2024, the Group incurred a loss before tax of RM2.16 million and RM5.00 million, respectively. The higher losses for the period ended 31 March 2024 primarily due to increased operating expenses resulting from accounting adjustment, particularly the recognition of an unrealised loss of RM2.13 million on outstanding debts owed to creditors. In addition, finance cost amounting to RM0.97 million mainly from third parties borrowing, have further increased overall loss
impact on the Group's financial performance.
Note 2:
The Group experienced a significant increase in revenue, rising from from RM6.96 million to RM16.88 million, reflecting a growth of RM9.92 million or 142%. This growth was primarily attributed to improved sales from watch operation. The Group recorded a slightly higher loss before tax of RM2.16 million compared to RM2.11 million in the preceding quarter mainly due to a decrease in profit contribution from associate, which amounted to RM0.01 million for the current quarter as compared to RM0.09 million in preceding
quarter.
Note 3: Prospects
The Group anticipates that its performance for the financial year ending 30 June 2024 will be satisfactory in view of the improved sales performance in the watches trading segment. The Group will continue to focus on improving its e-commerce platform to deliver better user experience and increase customer satisfaction.
The Group intends to penetrate into new markets by establishing Halal Food & Beverage restaurants and Halal Convenience Stores in Hong Kong. Addtionally, the Group has entered into a Project Management Contract to serve as the Project Management Company for the proposed development of hotel and golf course in Pulau Langkawi. The Board believes that these business will generate positive cash flow for the Group and contribute to enhancing shareholders' value.
2024-05-30 21:12
Just a guessing... Hope not!!!
Hope it's only the operator activity...
Whether to closed their fund @Itronic or
A PRELUDE TO THE NEXT GORENG ACTIVITY. TAYOR
2024-06-10 16:44
Monitoring next few days trading volume... Also waiting for any announcement. The cloud will look more clearer. TAYOR
2024-06-10 23:43
Any party/parties is/are closing their fund invested in Itronic??
or
Any bad news about the company will occur later??
2024-06-27 21:57
Not an insider. Only a very small retailer who keep guessing, searching and doing some analysis of my targeted counter to invest in.... TAYOR
2024-06-28 12:57
Anyways...
I think Bluemount Investment Fund (which ceased to be substantial shareholder on 10 Jun 2024) could be the culprit of yesterday's sell off...
As per my observation, the said investor could still has around 10 mil shares on the date of ceasing announcement.
TAYOR
2024-06-28 14:46
Based on Anual Report 2023.
ANALYSIS OF SHAREHOLDINGS as at 29 September 2023
1. MAYBANK SECURITIES NOMINEES (ASING) SDN BHD
EXEMPT AN FOR MAYBANK SECURITIES PTE LTD (A/C 648849)- For Bluemount Investment Fund 211,658,700 29.913%
2. AFFIN HWANG NOMINEES (TEMPATAN) SDN. BHD.
PLEDGED SECURITIES ACCOUNT FOR CHU BOON TIONG (Executive Director) 29,078,160 4.109%
3. YEO HONG CHYE 15,522,800 2.194%
ANALYSIS OF WARRANT A HOLDINGS as at 29 September 2023
1. MAYBANK SECURITIES NOMINEES (ASING) SDN BHD
EXEMPT AN FOR MAYBANK SECURITIES PTE LTD (A/C 648849) - For Bluemount Investment Fund 84,375,000 41.658%
2. AFFIN HWANG NOMINEES (TEMPATAN) SDN. BHD.
PLEDGED SECURITIES ACCOUNT FOR CHU BOON TIONG (Executive Director) 25,626,000 12.652%
3. TYE LIM HUAT 7,500,075 3.703%
2024-06-28 15:03
Lately,
Bluemount Investment Fund ceased to be substantial shareholders (on 13.6.2024)
and
Executive Director Chu Boon Tiong on 20.6.2024 trimmed his shareholding for just only @8,045,760 units of share or 1.137% of shareholding.
2024-06-28 15:14
Current situation in Itronic. Not so good situation, I think...
No more substantial shareholders in the company.
and
Directors who manage the company without holding any substantial share shareholding.
2024-06-28 15:21
It must be good if there is any new substantial shareholder could emerge.... Just a hope..
2024-06-28 15:34
52 Weeks Range (0.035 - 0.09). Current price is at all time low already, sea bed. Second QR 30 June will be announced end of August. If slight improvement, definitely there will be some movement (up) of the share price. So nothing much to discuss until the date
2024-07-04 17:58
forever sleeping counter. if no operator wanna goreng, then this stock can consider dead already.
2024-07-30 12:18
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : INTENTION TO DEAL DURING CLOSED PERIOD
DATUK CHU BOON TIONG Executive Director
No of Securities Held 1,926,360
------------
Towards incoming QR4 2024 @ the end of August.....
This director want to acquire or want to sell his shares?????
He has just a few shares left, is it possible for him to SELL all his shareholding???
By the way, he is an EXECUTIVE DIRECTOR of this company...
Already don't know what to expect.... Hope for the best... TAYOR
2024-07-30 18:07
MZM2511
It must be good if there is any new substantial shareholder could emerge.... Just a hope..
1 month ago
--------------------
DATO' LEONG SIR LEY, a substantial shareholder of Yong Tai's appointed as an Itronic director....
Expect something can be happened here.... TAYOR
2024-08-07 17:55
My plan: keep monitoring...
Try to accumulate some shares @ the lowest price which I can get. TAYOR
2024-08-11 20:24
@one_trader...
----
SC turut memberi amaran kepada pengendali webinar, seminar, media sosial dalam talian, dan bilik sembang aplikasi pesanan yang lain agar berhenti menjalankan aktiviti nasihat pelaburan tanpa lesen. SC memantau rapi perkara ini dan, sekiranya wajar, akan mengambil tindakan terhadap mereka yang melanggar undang-undang sekuriti.
Orang ramai juga diminta agar melaporkan kepada SC sekiranya mereka telah dihubungi oleh individu tidak berlesen yang menawarkan nasihat pelaburan modal di Aduan@seccom.com.my atau hubungi talian + 603-6204 8999.
2024-08-21 17:16
Section 205 of CMSA – Manipulation of Price of Derivatives and Cornering
No person shall, directly or indirectly manipulate or attempt to manipulate the price of derivatives that may be dealt in on a derivatives market, or of any underlying instrument which is the subject of such derivatives or corner, or attempt to corner, any underlying instrument which is the subject of a derivative.
Illustration 10 - Scalping
The person trading is also responsible for giving buy or sell recommendations, e.g. purchases a security before recommending the security, and then sells the security at a profit upon the rise in the market price following the recommendation.
2024-08-22 20:14
Base on my BRIEF study on the QR1 2025 (The latest QR) of Itronic:
(Note: A comparative figures from QR4 2024 included)
A: Revenue, profitability and NTA.
Revenue PBT Net Profit EPS NTA QoQ(%) YoY(%)
4,785K -2,447K -2,142K -0.3 sen 4 sen Down 307% Down 193%
B: Revenue up from the last quarter but net loss widened.
C: Sitting on increasing negative reserve of (RM 15,994,682).
D: Not a cash rich company with cash and cash equivalents of RM 61,503 .
E: Total assets > Total liabilities, Total current assets > Total current liabilities, and has a small non-current liabilities only @ RM 782,070.
THE FINDINGS:
1. NTA 4 sen _ , QR4 2024 @ 4 sen.
2. NOSH 707.59 mil. _ , QR4 2024 @ 707.59 mil.
3. EQUITY
Share Capital RM 43,472,963 _ , QR4 2024 @ RM 43,472,963
Reserves / (accumulated losses) (RM 15,994,682) _ , QR4 2024 @ (RM 13,745,834)
Shareholders' funds RM 27,478,281 _ , QR4 2024 @ RM 29,727,129
TOTAL EQUITY RM 27,478,281 _ , QR4 2024 @ RM 29,727,129
4. Cash and Cash Equivalent:
Cash and bank balances RM 61,503 _ , QR4 2024 @ 80,910
5. Assets:
Current Assets RM 61,880,270 _ , QR4 2024 @ RM 64,012,057
Non-current Assets RM 8,762,286 _ , QR4 2024 @ RM 9,264,729
Assets held for sale RM 0.00 _ , QR4 2024 @ RM 5,009,425
TOTAL ASSETS RM 70,642,556 _ , QR4 2024 @ RM 78,286,211
6. Liabilities:
Current Liabilities RM 42,382,205 _ , QR4 2024 @ RM 47,479,618
Non-current liabilities RM 782,070 _ , QR4 2024 @ RM 1,079,464
TOTAL LIABILITIES RM 43,164,275 _ , QR4 2024 @ RM 48,559,082
7. QR1 2025 results
- Revenue RM 4,785,119 _ , QR4 2024 @ RM 725,737
- Gross profit / (loss) RM 121,904 _ , QR4 2024 @ (RM 446,643)
- Profit before tax/(LBT) (RM 2,477,000) _ , QR4 2024 @ RM 1,025,000
- Net profit/(Net loss) (RM 2,142,000) _ , QR4 2024 @ RM 1,036,656
3 weeks ago
Note 1: Q1 FY2025 vs Q1 FY2024
For the current financia lquarter under review, the Group achieved a revenue of RM4.785 million, making a significant decrease of RM25.434 million or 84% as compared to RM30.219 million in the preceding year corresponding quarter. The decreased in revenue for the current quarter was mainly due to no operation of electronics & system intergration and slowdown of sales from watch operation.
For the current quarter and year-to-date ended 30.9.2024, the Group recorded aloss before tax of RM2.447 million, making a significant increase of loss approximately RM1.717 million or more than100% as compared to loss before tax of RM0.73million. Malaysia operation reported high loss as the only income was generated from food and beverage segment which it's commenced business on mid of Aug2024. There was no income from electronics & system intergration as the project was completed towards the end of the financial year ended 30June2024 and no new project sincet hen. In addition,the weaken of Malaysia Ringgit against Hong Kong Dollar contributes to increase of unrealised loss on foreign balances of the Group approximately RM3 million.
Note 2: Q1 FY2025 vs Q4 FY2024
The Group posted a revenue of RM4.785 million as compared to RM0.726 million in the preceding quarter, a increase of RM4.059 million. The main reason for the increase of revenue recorded in the first quarter primarily due to increase of sales from watch operation as compared to preceding quarter where at that time th ecustomer's response to the prevailing economic downturn, purchasing power reduced.
The Group recorded a loss before tax of RM2.447 million compared to profit before tax of RM1.025 million in the preceding quarter, a decrease in profit before tax approximately RM3.472 million. The decrease in profit before tax mainly due to unrealised loss on foreign exchange of RM3.05 million in this quarter as compared to unrealised gain from foreign exchange amounting to RM6.77 million recognised in preceding quarter as a result from weaken Malaysia Ringgit against Hong Kong Dollar in current quarter. However, the impact of the decrease in profit before tax was reduced as there is impairment loss on receivables amounting to RM2.09 million provided in the preceeding quarter.
Note: Prospects
From the past experience, the Group has shown a positive growth in its trading of watches business, as such the Group shall continue to focus on consolidating its existing business to stregthen its presence in the watches industry, upgrading and enhancing the e-commerce platform to improve sales performance of watches trading segment. The Group is also planning to set-up sales gallery of watches inMalaysia, at the same time to improve it se-commerce platform to deliver better user experience and increase customer satisfaction.
The Group is ventured into new market by incorporate andcommenced Food & Beverage restaurant, namely Mojoe F&B Restaurant in Malaysia. Addtionally, the Group has entered into a Project Management Contract to serve as the Project Management Company for the proposed development of hotel and golf course in PulauLangkawi. The Board believes that these business will generate positive cash flow for the Group and contribute to enhancing shareholders' value.
3 weeks ago
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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
anisbin
Ysyap84 yes... Go go go itronic... Medusa where are U...🤭
2024-02-20 10:47